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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Retail space
135 El Camino Real Menlo Park, CA 94025-5234
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1341614
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Total area
1,210 SF
Lot
0.06 ac (2,823 SF)
Zoning code
CH00C4
APN
071-433-140
UPID
US09-1341614
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$864k
Blend (final)
Blend
$1.03M
Owner & transaction history
Duc Minh Dinh · 2 yrs held
Duc Minh Dinh
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CH00C4 · Menlo Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$775,000
+26.1%
Neighborhood: shopping center
$655,000
+6.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,135,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$775,000
Change: +26% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$655,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.04M (Sep 6 2023)
Last sale anchor
$1.04M
Sep 6 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$851 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,320
Tax year 2024
Assessed value
$1,035,000
Assessed 2024
Previous assessed
$1,035,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$860,000
Assessed improvement
$175,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Heating
CENTRAL
Stories
1
Total area
1,210 SF
Lot
0.06 ac (2,823 SF)
Zoning code
CH00C4
APN
071-433-140
UPID
US09-1341614
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CH00C4 · Menlo Park, CA
Zoning CH00C4 · permitted uses
CH00C4 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$655,000
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Heating
CENTRAL
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Duc Minh Dinh
Individual
Mailing address
2165 FAIRMONT DR, SAN JOSE, CA 95148-1711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
—
Duc Minh Dinh
—
Deed
related
$517,500 · Cathay Bank
Sep 6, 2023
$1,035,000
Duc Minh Dinh
David M Neubauer
Grant Deed
—
Aug 27, 2020
$1,200,000
David M Neubauer
Economics Academy O M Psp
Grant Deed
related
—
Jul 17, 2018
$1,580,000
Academy Of Medical Economics P
Merino,paula R
Grant Deed
$600,000 · Paul P IV Ortner
Oct 23, 2017
—
Paula R Merino
1999 Tragreement Of Kathe
Quit Claim Deed
related
—
Apr 26, 2001
—
Katherine Adams
Adams Trust
Quit Claim Deed
related
$348,000 · New America Financial INC
Sep 20, 1999
—
Adams Trust
Adams Trust
Quit Claim Deed
related
—
Jul 19, 1996
$345,000
Bill Adams
Redwood Redondo Associates
Grant Deed
$235,000 · Allied Savings Bank
Jun 8, 1995
—
Redwood Redondo Associates
Redwood Terrace Associates
Quit Claim Deed
related
—
Nov 8, 1989
$229,000
Terrace Redwood
Borel Bank & Tru
Grant Deed
related
—
—
—
Katherine Adams
—
Deed Of Trust
related
$389,000 · National City Mortgage Co
—
—
Terrace Redwood
—
Deed Of Trust
related
$245,000 · Sumitomo Bank
—
—
Katherine Adams
—
Deed Of Trust
related
$293,000 · Transnational Fin'l Network
—
—
Katherine Adams
—
Deed Of Trust
related
$200,000 · Washington Mutual Fsb
—
—
Katherine Adams
—
Deed Of Trust
related
$293,000 · Transnational Fin'l Network
—
—
Patricia Muller
—
Deed Of Trust
related
$50,000 · Individual
—
—
Bill Adams
—
Deed Of Trust
related
$262,500 · Transnational Financial
—
—
K Adams
—
Deed Of Trust
related
$349,000 · National City Mortgage Co
—
—
Redwood Redondo Associates
—
Deed Of Trust
related
$200,000 · Us Bank Of Washington
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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